Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Lloyds Bank orders staff to return to the office ‘at least’ two days a week

by April 28, 2023
April 28, 2023
Lloyds Bank orders staff to return to the office ‘at least’ two days a week

Hybrid workers will have to spend at least two days a week in the office, Lloyds Banking Group has told staff, with “card swipe data” used to monitor their return.

Lloyds banking group’s decision to change its working from home policy was announced in a note from chief executive Charlie Nunn yesterday – as first reported by the Financial Times.

Swipe data will be shared with senior leadership teams, and in cases where staff are unwilling to increase the number of days they spend in the office, managers may have “more formal conversations” about their role, according to the note.

“This is about performance, supporting each other and creating equity,” Nunn said in the note. “We want flexible working to be fair, inclusive and productive for all.”

He also confirmed the bank would run pilot schemes in the coming months examining its approach to “compressed working”, in which staff work full-time hours but over fewer days.

The changes will apply to office-based staff working on a hybrid model, with exceptions made for workers with disabilities or long-term health conditions.

The “vast majority” are expected to change by September, although the note said that the bank would be asking colleagues to shift “as soon as they can”.

Posts on Lloyds’ internal messaging boards reveal thousands of responses, with some staff voicing frustration over the cost of commuting, worries that it will advantage those with shorter journeys to work and the expectation that staff should spend at least two days in an office even if their team is spread geographically.

Lloyds argued that the announcement “brings clarity on our hybrid approach moving forward and will enable us to continue to best meet the evolving needs of our customers”, and that its hybrid approach to work had been in place since 2021.

The bank is the latest financial institution to demand employees work back in the office at least a few days a week.

In a message entitled ‘Working Together’ sent to employees on 30 March, senior executive vice president Roman Regelman said “the number of days flex employees are expected to be in the office will change to a minimum of three days per week. Those who are not adhering to the three-day policy are subject to corrective action.”

Read more:
Lloyds Bank orders staff to return to the office ‘at least’ two days a week

0
FacebookTwitterGoogle +Pinterest
previous post
Far fewer EU laws to be scrapped than planned
next post
Natwest customers withdraw £1bn as cost of living and tax bills bite

You may also like

Can Gambling Regulators Combat Crypto Payments Entering The...

March 26, 2025

Everything You Need to Know About Ripple (XRP)

September 23, 2022

How to Enhance Your Warehouse Operations with Cutting-Edge...

March 3, 2025

5 Crucial Mistakes to Avoid When Buying a...

September 26, 2022

Ex-F1 boss Bernie Ecclestone pleads not guilty to...

August 22, 2022

Trump’s tariffs could boost demand for English sparkling...

March 19, 2025

Matt Hancock leaked Whatsapps not ‘a matter’ for...

March 2, 2023

Elon Musk set to auction Twitter signs and...

August 10, 2023

Startup founders are busy, but they still need...

January 3, 2023

The Wellness Perks of An Outdoor Pool

November 9, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Friday Feature: Incubate Debate

      June 6, 2025
    • Risch urges ‘top to bottom’ USAID spending review after waste, fraud exposed

      June 6, 2025
    • Universities in Libertarian Land

      June 6, 2025
    • Elon Musk may speak to Trump aides in push to calm feud

      June 6, 2025
    • Everyone Talks About Leaving a Better Planet for Our Children: Why Don’t We Leave Better Children for Our Planet?

      June 6, 2025
    • MARK HALPERIN: Democrats try to construct a Frankenstein candidate while JD Vance gains momentum for 2028

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,013)
    • Politics (15,545)
    • Stocks (3,130)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved